Earning 1 CRORE+ At The Age of 18 | The 1% Club Show | Ep. 13
Finance With Sharan・1 minute read
A teenager finance enthusiast turned 90 lakhs into almost 1.8 crores and aims to enter a hedge fund, emphasizing the importance of losing money in the stock market to learn. Another teenager turned 1.15 lakhs into 30X in 3 years as a crypto trader, choosing Master's Union over Harvard for insightful sessions.
Insights
- The speaker, a teenage finance enthusiast, achieved a remarkable 55% return on a 1 crore portfolio in the last 8 months through crypto trading, aiming to pursue a career in hedge funds and quantitative finance.
- Learning data science and Python independently after their mother's passing, the speaker emphasizes the value of losing money in the stock market as a crucial learning experience, akin to costly college fees, highlighting the importance of practical education over traditional paths.
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Recent questions
How much did the speaker earn in the last 8 months?
50 lakhs
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Summary
00:00
Teenage Finance Enthusiast's Remarkable Investment Journey
- The speaker earned about 50 lakhs in the last 8 months, representing a 55% return on a portfolio of 1 crore.
- They are a crypto trader, web 3.0 enthusiast, and blockchain enthusiast.
- The speaker is a teenager and a finance enthusiast, aiming to enter a hedge fund or quantitative fund and is preparing for the CFA exam.
- They managed to increase 90 lakhs to almost 1.8 crores in one year, with the initial capital provided by their father.
- The speaker heavily invested in an index fund they personally created using the weighted average and derivatives.
- They learned about data science and Python, self-taught through YouTube, driven by the loss of their mother to cancer.
- The speaker's father introduced them to trading, and they learned together, initially losing around 50 lakhs before gaining experience.
- The speaker emphasizes the importance of losing money in the stock market to learn and compares it to expensive college fees.
- Another teenager in the discussion is a crypto trader who turned 1.15 lakhs into 30X in 3 years, rejecting Harvard to join Master's Union for insightful sessions.
